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Voluntary Long Term Disability Plan (Employee Paid)

If your organization does not provide Long Term Disability Insurance as a benefit, employees may still purchase it through their employer. They may choose coverage for either 25% or 50% of their regular compensation, up to $5,000 per month.

Benefit Reductions

Unlike the Employer-Provided Plan, the Voluntary Plan does not reduce benefits based on other disability benefits the employee receives. Benefits are only taxed if the premium is paid fully or in part with pre-tax dollars.

Portability

Once insured for at least 12 months, an employee whose employment is terminated may be eligible to continue coverage for up to 12 months by applying directly to Liberty Mutual*. However, Liberty Mutual must receive the Application for Conversion of Group Long Term Disability Insurance within 30 days of the employee's termination date.

To learn more:

To enroll your institution, complete and submit an Employer Enrollment Application Form.

* Liberty Life Assurance Company of Boston

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